This website uses marketing and tracking technologies. Opting out of this will opt you out of all cookies, except for those needed to run the website. Note that some products may not work as well without tracking cookies.Opt Out of Cookies
I taught reservoir simulation for several years for the Petroleum Engineering Dept. at Louisiana State University, Baton Rouge, Louisiana. I used the Eclipse model to try to teach engineering seniors a bit about simulation and I am afraid that I lost most of them due to the complexity of the program. While yours, of course, is not intended to be a full function simulator, it would have been far superior for teaching than Eclipse. I would have liked to have it available!
A great tool for quick simulations. And inexpensive too. Additionally, it is a great educational tool for reservoir engineers to get an overall understanding reservoir performance. When there isn't time and money for large Eclipse/Petrel models.
I would say that an ExcSim license should be on every reservoir engineers desktop. It was always good practice to develop a coarse reservoir model before starting on a detailed fine scale model. This practice seems now to have stopped as engineers go straight into the detail, without sufficient understanding of what the key variables are. Getting to a result using the current sophisticated software suites can take 2-3 months. With a typical charge-out rate of £1500 per engineer day, the cost of such a study can be very significant (£100K easily). Getting to result in ExcSim could take just a week (£7.5k). Do you really need the extra precision?? Do you really have the budget??
I think, ExcSim is very good at it. This is an excellent tool for data room purposes (M&D, BD activities), understanding uncertainties and etc.
Then KICK back and ENJOY the show
Building your model is super easy and super fast. Then, all you have to do is press the RUN BUTTON and enjoy the show.
Watch how it progresses in run time. See how fluid fronts are advancing, how the water-cut and GOR are developing, how individual wells are performing, how and when the various drive mechanisms kick in and much much more!
I am a consulting petroleum engineer and often I in need a user friendly, excel based black oil simulator to assist in predicting reservoir performance rather than relying solely on production decline forecasts. Also I need the model results to be easily input into to a cashflow model.
ExcSim fulfills this requirement.
"But WAIT, there's MORE!"
AUTOMATIC REPORT GENERATOR
Time is your most precious resource. Therefore EXCSIM will automatically describe the simulation model and analyze all of the results for you in a complete, fully automated report, typically 15-20 pages long.
Moreover, it is all done in Microsoft Word. Hence, you are free to add, edit, delete and insert text, whole paragraphs, figures, and tables as you please.
This unique feature provides an excellent starting point for reporting your own work, and will save you loads of time! Every time!
What is more, it all happens in typical ExcSim fashion:
Like magic. By the click of a button.